Focus on Funds Video: Beyond Bogle Lies… What, Exactly?

By Brendan Conway

Jack Otter and Jared Kizer of the BAM Alliance talk exchange-traded funds in this week’s Focus on Funds video. Kizer is a fan, but for the more active sort of investing — the things today lumped under the labels “fundamental” investing or “smart beta” — he wants the assurance of very long track records.

Since those track records are less common in the ETF industry than in old-fashioned mutual funds,Kizer puts clients who want broad-based and diversified value investing strategies into funds managed by Dimensional Fund Advisors and Bridgeway Capital Management, which can boast decades of success.

“If those two didn’t exist, we’d be huge proponents of ETFs,” Kizer says.

About Focus on Funds

As exchange-traded funds and other investing vehicles have ballooned in number, the task of figuring out what works well and what doesn’t has only gotten harder. Barrons.com’s Focus on Funds looks under the hood of ETFs, mutual funds and hedge funds for overlooked values, actionable ideas and the latest pitfalls for fund investors.

Chris Dieterich has covered the U.S. stock market for The Wall Street Journal and Dow Jones Newswires. He is a graduate of Regis University and the Missouri School of Journalism.